Monday, August 29, 2011

Travelers Company, symbol TRV Dividend Machine for August 29, 2011

Income investors take note that during down markets, we have more choices for incomeinvesting than we have during up markets. I was torn between profiling another utility or looking for a company in another industry.

I elected to select insurer Travelers, symbol TRV as the dividend machine for August 29, 2011. TRV is only the second insurer I have profiled so far this year. TRV earns $4.05 per share per year and pays out $1.12 per share per year. If you own it by September 6, 2011 you will be paid the quarterly dividend of $.41 per share on September 30, 2011. The yield, based on the closing price on Friday, September 26, 2011 of $48.30 was 3.4%. Travlers' D/E ratio is .26; a low risk company.

While it may seem odd to profile an insurance company when all we hear about is the damage from Hurricane Irene, look at the history of natural disasters and you will find that insurers do quite well.

We have a strong company, with a good payout that meets all our income investing criteria. Consider TRV for the income producing portion of your portfolio.

Follow by Email

About M*

Blog Archive

Search

Follow Me

Contact Me

Name

Email
*

Message
*

TheMoneyMadam's Story

My income investing success came from my experience managing my and other people's money since 1993. Successful income investing requires discipline. In this blog I provide specific investments based on my principles of conservative income investing. I hope to help the thousands or even millions of people who have saved and want to invest their nest eggs to retire with income that grows. M* MoneyMadam

Disclaimer

Information on this blog does not constitute investment advice. Review or mention of any stock, bond, or other investment shall not be considered a buy or sell recommendation. Everything in this blog is the opinion of the author and no warranties are expressed or implied. M*MoneyMadam.